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Morning Market Brief: Industrial C10 Aromatic Crude

Published on 2026-10-14

I. Key Points

  1. Crude Oil: Intensifying conflict between Houthi rebels and Saudi Arabia has heightened supply risks, while the market assesses expectations of increased Russian supply. International crude oil prices closed mixed. NYMEX WTI futures (November contract) settled at $94.14/bbl, up $0.40/bbl (+0.43%); ICE Brent futures (December contract) settled at $105.69/bbl, down $0.96/bbl (-0.90%). INE Shanghai Crude Oil futures (December 2026 contract) rose by 22.5 to 732 RMB/barrel, with night session prices increasing by 8.6 to 740.6 RMB/barrel.
  2. Prices for downstream high-boiling aromatic solvents declined slightly.

Core Logic: Crude oil futures posted modest gains; downstream high-boiling aromatic solvent market prices stabilized; the industrial C10 heavy aromatics market remained largely stable.

II. Price Table

Unit: RMB/ton

Product Region Oct 12 Oct 13 Change Rate
Industrial C10 Heavy Aromatics Northeast Market 7,430-7,630 7,430-7,630 0.0%/0.0%
Industrial C10 Heavy Aromatics North China Market 7,650-7,700 7,650-7,700 0.0%/0.0%
Industrial C10 Heavy Aromatics East China Market 7,650 7,650 0.0%
Industrial C10 Heavy Aromatics South China Market 8,000 8,000 0.0%
Notes: 1. The East China region excludes Shandong Province. 2. Prices are ex-warehouse cash-inclusive tax prices in RMB/ton. 3. Change rate indicates period-over-period variation.

Source: Chempricehub Information

III. Market Outlook

International crude oil prices closed with slight gains. On the demand side, price increases for downstream high-boiling aromatic solvents have lacked momentum, making it difficult to sustain upward pressure on C10 prices. With current C10 prices at high levels, downstream enterprises are primarily engaging in restocking based on essential needs. Therefore, the C10 market is expected to remain stable today with a wait-and-see attitude, featuring only sporadic adjustments.

Comments

0
  • James Morrison 2026-10-14 10:03
    Industrial C10 heavy aromatics held steady despite mixed crude signals, reflecting weak downstream demand. With geopolitical risks keeping feedstock costs volatile, I see limited upside potential until capacity utilizati..
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